How to calculate the cost per unit to find the value of the closing stock of finished goods ?

CS Executive · Corporate and Management Accounting · PYQS · June 2023
How to calculate the cost per unit to find the value of the closing stock of finished goods ?
(A) Cost per unit = Cost of production/ unit produced
(B) Cost per unit = Cost of production/ unit sold
(C) Cost per unit = Cost of goods sold/ unit produced
(D) Cost per unit = Cost of sales/unit produced

Answer & Explanation:

Correct Answer: Option (A)

Official answer key: (A).

Topics: Cost Accounting

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